Private equity funds have a long term, usually 5-8 years. The term setting of private equity funds can be divided into investment period and withdrawal period.

Period, extension period Here, 5 represents the minimum lock-up period of the Fund, 2 is the follow-up period, and 1 refers to the extension period. Now it's usually private.

The fundraising period is 3+2 years, and the government private equity fund is 5+2 years.

When a closed-end fund is issued by agreement, the term of the fund must be agreed. After the settlement expires, the fund holder gets his own income back.

Benefit. The fund itself can be transformed into an open-end fund. ? Open-end funds, because they are open-ended, are agreed at the time of issuance.

There is no time limit for the fund. The fund has no "clearance" conditions and has been operating.